Investing in Skills Scheme - Malta Business School
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Investing in Skills Scheme

Investing in Skills SchemeThe Training Costs of the Malta Business School’s short courses and the Trainee Wage Costs can be subsidised up to 70% through the Investing in Skills Scheme.

An allocation of €8 million has been made available for a new initiative to promote training activities held between 19th April 2017 and 30th June 2020.

The aim of the programme is to promote the training of persons actively participating in the Maltese Labour Market to increase productivity and enhance adaptability.
Applications must be received by the Investing in Skills Unit at least three weeks (twenty one calendar days) before the commencement date of training.

Aid Intensity

The following co-financing rate will be applied on the total eligible costs:

Undertaking SizeAid Intensity
LargeNumber of employees exceeds 250   50%
MediumNumber of employees not exceeding 250 persons and Annual Turnover not exceeding €50m and/or Annual Balance Sheet Total not exceeding €43m   60%
SmallNumber of employees fewer than 50 persons and Annual Turnover and/or Annual Balance Sheet Total not exceeding €10m   70%
MicroNumber of employees less than 10 persons and Annual Balance Sheet total not exceeding € 2m   70%

For more information on the ‘Investing in Skills Scheme’ scheme you can contact us on 21311326 or by email on [email protected]. You can also visit the official site at from here.